Adrian Macey: Victoria University Adjunct Professor on the financial challenge with NZ's climate change targets
Early Edition with Ryan Bridge · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
A looming financial issue is being highlighted as the country works towards its next emissions budget.
The Climate Commission is recommending greenhouse gas is limited by 134-million tonnes between 2036 and 2040.
But Victoria University Adjunct Professor Adrian Macey told Mike Hosking that there's still a massive issue if we are going to meet our Paris pledge.
He says a government between now and 2030 is going to have to find about $20-25 billion to buy carbon credits.
Macey doesn't see any government being able to feasibly do this.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.